Northrop Arms 2520 Northrop Ave Immeuble residentiel 8 lots 1 231 089 € (153 886 €/Lot) Sacramento, CA 95825

The DeLoney Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Northrop Arms, an eight-unit apartment community located at 2520
Northrop Avenue in Sacramento, California. Situated in the desirable south Arden-Arcade submarket, the property offers investors a well-maintained asset with an attractive
unit mix, proven rental upside, and additional rental income through a strategic renovation program.
Built in 1969, Northrop Arms consists of eight spacious apartment homes featuring an efficient mix of two one-bedroom/one-bathroom units approximately 650 square feet
each and six two-bedroom/one-bathroom units approximately 850 square feet each. The larger than average floor plans appeal to a large resident base and broad
demographic. Current ownership has completed selective interior renovations throughout the property. Upgraded units feature luxury vinyl plank flooring, granite
countertops, refreshed cabinetry, and modern finishes, providing an attractive living environment while allowing a new owner the opportunity to continue renovating the
remaining units and capture additional rental upside over time.
Northrop Arms enjoys an exceptional south Arden Arcade location with immediate access to major transportation corridors, placing residents within minutes of Sacramento
State University, Cal Expo, Kaiser Permanente, Downtown Sacramento, and many of Sacramento's largest employment centers.
Northrop Arms represents an excellent opportunity to acquire a stable, well-located apartment community with a desirable unit mix, meaningful value-add potential through
continued unit renovations, and strong long-term fundamentals in one of Sacramento's most established rental markets.